QIC finalises new executive lineup of Antares with Graham at helm

QIC Global, the specialty re/insurance subsidiary of Qatar Insurance Group, has completed the executive team of its Lloyd's managing agency Antares with the appointment of Mark Graham as its new chief executive officer (CEO).

Alexander Craggs, who was acting CEO of Antares Managing Agency since the summer, will now take the permanent role of deputy CEO of Antares, as well as chief underwriting officer of marine, energy and accident & health at group level at QIC Global.

Additionally, Jim Lye has been given full regulatory approval as active underwriter for Antares Syndicate 1274.

Graham has been with QIC Global for eight years, beginning his career at the group as chief operating officer at Antares. He was appointed group chief risk officer & executive vice president at QIC Global’s parent Qatar Insurance Company in January 2016.

Before joining Antares, Graham chaired the Solvency II Committee for the Lloyd’s Market Association and headed his own company, Acuitas Consulting, which provided strategic and operational advice to insurance businesses in the London market. Previous roles include chief financial officer and chief actuary at Chaucer.

Graham will report to Michael van der Straaten, CEO at QIC Global, who said: “Antares is a key element of QIC Global’s long-term growth plans and Mark’s appointment will further align our established Lloyd’s arm with our ultimate parent QIC’s strategy. He is a consummate professional, industry leader and an executive with a track record of success. I am pleased to work alongside him as we continue to build upon the strategic vision for QIC Global and strengthen our operations.

“With Alexander now in a permanent position as Deputy CEO of Antares and overseeing the underwriting of all of our Group Marine, Energy and Accident & Health operations, we are confident QIC Global and Antares are in an excellent position to capitalise on favourable market conditions. I would therefore like to welcome Mark to his role and look forward to working with him, Alexander and Jim to make QIC Global the risk carrier of choice in the London and international markets.”